$619,000
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Property Description
Rare opportunity to acquire an income-producing commercial condominium in an A+ North Cambridge location! Unit 101 offers approximately 1,191 square feet and is currently leased to an established spa business under a five-year triple-net lease expiring October 31, 2027. Current base rent is $3,463.78 per month, providing an attractive in-place income stream. The unit includes two dedicated parking spaces—a valuable convenience in Cambridge—and the condominium fee is $515 per month (landlord pays). The building is home to a complementary mix of healthcare, wellness, and professional-service businesses, including chiropractic care, endodontics, educational consulting, and other professional offices, creating an established destination for clients and visitors. Prominently positioned along bustling Massachusetts Avenue, the property benefits from excellent visibility and substantial pedestrian and vehicular traffic. Surrounded by restaurants, shops, residential neighborhoods, and everyday services, this highly accessible location offers strong commercial appeal. Excellent public transportation access includes the MBTA Route 77 bus just 240 ft away from the property on Massachusetts Avenue, offering direct service to Porter Square and Harvard Square. Davis Square Station (6 mins), providing access to the MBTA Red Line, is approximately 0.3 mile away. The property is also approximately 0.8 mile to Porter Square, 1.2 miles to Alewife Station, 1.5 miles to Tufts University, 1.8 miles to Harvard University and Harvard Square, and about 2 miles to vibrant Union Square in Somerville. An excellent opportunity to invest in one of Greater Boston’s most desirable and dynamic commercial markets. Buyer and buyer’s agent to perform all due diligence and verify lease terms, measurements, expenses, and property information.
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Highlights
- HOA Fee: $515
- Unit Number: 101
- Status: Active
- Property Class: Commercial Sale
- Year Built: 1965
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Additional Details
- Zoning: C
- Zoning Description: Legal Conforming
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Fees / Taxes
- HOA: Yes
- Taxes: $7,933
- Tax Year: 2026
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